Mortgage interest rate adjustment to high housing prices on housing sales will be a deterrent

"In my bank for housing loans, can enjoy the ' down payment 20%, the loan rate of 70 percent '", a few days ago, HSBC proudly played this banner, attracting buyers sought after. The background is that the day of the Qingming Festival, the four state-owned banks publicly cut the purchase of the first suite of preferential lending rates. Down payment of 20%, loan interest rate all from 70 percent to 85 percent.　　To enjoy 70 percent loan rates, BOC's down payment is 30%, CCB's down payment is 40%, ICBC down payment 30%, enjoy 75 percent interest rates. The move was confirmed by the President of a branch of BOC Wuhan. "Now Wuhan's major banks two sets of mortgage policy has been put in place, the first home purchase, 20% down payment, loan rate of 70 percent, basically no."　　"he said. In addition, according to its disclosure, the reason for the banks to implement the standard is not-, from the market share. "For HSBC, Standard Chartered Bank and other local market share is not small financial institutions, the" down payment 20%, loan rate of 70 percent ", can directly attract customers, expand market share. The state-owned banks, according to their own conditions, to control the mortgage interest rate, is out of their own risk and the total amount of capital control considerations.　　If the loan of the month is run out in advance, the control of the loan interest rate is naturally stricter for new customers.　　Although the financial institutions to implement the standard does not-but the central bank of the total amount of loans to reduce water reserves, with the recent Provident Fund loans in the total shrinkage, in the long run, for housing sales, will play a deterrent effect. March 2, Wuhan Housing Provident Fund Management Center issued a dispatch, requiring banks to strictly enforce the lender "monthly payment shall not exceed 35% of the monthly income." "The amount of credit that homebuyers get is up to a 30% reduction," he said. For example, the husband and wife of the approved monthly income is 5000 yuan, their Provident fund monthly payment is 1000 yuan,-the case can be the maximum loan to 600,000 yuan.　　But by the new rules, they could only borrow less than 400,000 and shrink by about 1/3. Commercial and credit, the previous purchase price of 5000 yuan/square meters, the total price of 500,000 yuan residential, a down payment of 20%, 30 mortgage, the total amount required to repay the sum of 700826 yuan, down payment 20%, 85 percent, 30 mortgage, the total amount of repayment is 777429 yuan.　　The loan interest rate adjustment, needs to pay more than 76603 yuan. Provident Fund loans and total business loans to the collective tightening of the home buyers have a very small psychological pressure. "Originally the house price is high, now the repayment pressure increases, worse."　　"said Ms. Zhang, a home buyer. "If housing prices continue to soar, financial policy will continue to be introduced to curb investment demand." "Analysis of the industry," when the rigid demand and investment demand is also curbed, the property market is affected by the transaction, house prices fall, it is ripe. ”